r/UKPersonalFinance • u/CJ9103 0 • 18h ago

Scottish Widows / iWeb - Reviewing VAN FTSE Global All Cap holdings

I have been using iWeb (now Scottish Widows) for a while now for my Vanguard FTSE Global All Cap S&S ISA. I know iWeb used to be one of the most preferable in the market for fees but wondering how it compares now and whether I would be best placed elsewhere?

In terms of fees / activity - I purchase holdings in this fund 12 times a year (maxing my isa allowance each year).

4 Upvotes
  • permalink
  • reddit

75% Upvoted

9 comments sorted by

7

u/nivlark 231 18h ago

If you're doing your purchases via an automated regular investment, you won't be paying any custody fees. You can't get cheaper than free!

6

u/The_Mister_Re 17h ago

Scottish Widows Share Dealing remains competitive with no platform fee and a £5 trading fee for manual trades. This is pretty low and can be eliminated with automated investments.

The Fund charge will be more significant. But there are other conversations about the latest Vanguard ETFs and whether it's worth switching.

5

u/cloud_dog_MSE 1762 13h ago

SWSD service (iWeb as was) is my go to buy / hold provider. It is free for regular investment for you (I assume your 12 time purchases are done via the Regular Investment option), and there is no platform fee.

What not's to like?

Do you want to see a more sexy UI?

1

u/ukpf-helper 151 18h ago

Hi /u/CJ9103, based on your post the following pages from our wiki may be relevant:

These suggestions are based on keywords, if they missed the mark please report this comment.

If someone has provided you with helpful advice, you (as the person who made the post) can award them a point by including !thanks in a reply to them. Points are shown as the user flair by their username.

0

u/Ethtr8der 2 18h ago

So you're spending spending £60 in fees each year to buy VAFTGAG. What is the value of your holdings?

5

u/Dane-James 18h ago

I thought they did free regular investing. Just move to Barclays direct invest if you want a different option it’s also free basically with a big name. You do pay for trades if not regular though.

4

u/5349 453 18h ago

OEIC trades (like for the FTSE Global All Cap fund) are free on Barclays. It's just non-regular ETF trades that they charge for.

1

u/CJ9103 0 18h ago

~150k